Listed by: JOSE CARCAMO, REAL ESTATE EBROKER INC
$430,000
●
House -
Off Market
21775 Bay Avenue
Moreno Valley, CA 92553
2 Beds
1 Bath
780 Ft²
$2,259
Est. Monthly
About This Property
TURNKEY PROPERTY!!! Newly renovated 2 bedroom, 1 bathroom family
home on a third of an acre lot, perfect for any size family in an
exclusive area of Moreno Valley!!! Less than 10 minutes from 215
freeway, PERFECT FOR COMMUTERS!!! This property has a large front
yard with lots of room for parking cars, toys, trucks, and RV's!!.
It also comes with a private back yard for your BBQs or relaxing
days. This house has it all: NEW Paint (inside and out); NEW Roof;
NEW ceiling insulation; NEW Windows with screens; NEW mini split
units in all rooms; NEW electrical panel (upgraded from an old
Stab-lok); NEW interior and exterior doors; NEW premium vinyl
floors; NEW baseboards; NEW kitchen cabinets; NEW kitchen faucet,
sink, and garbage disposal; NEW tiled kitchen countertops, NEW
bathroom vanities and mirrors; NEW custom tiled shower; NEW premium
bathroom fixtures; NEW recessed lighting in Kitchen/Dining/Living
Room/Bedrooms; NEW ceiling fans in all bedrooms; NEW exterior
lighting; NEW cement pad with ramp!!! Practically a brand-new house
waiting for its next homeowner/investor!!! Come view the property
to see the beauty and potential of this amazing opportunity before
it is SOLD!!! Property is for sale only, not for lease.
Unit Size
780 Ft²
Days on Market
71 days
Land Size
0.31 acres
Price per sqft
$590
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #IV24205173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2024 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Nov 1, 2024 | Price Increased |
$465,000
↑ $5K
(1.1%) | |
| Price Increased | |||
| Oct 31, 2024 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Moreno Valley
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Listed by: JOSE CARCAMO, REAL ESTATE EBROKER INC
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24205173
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24205173
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